EPISODE · Mar 20, 2025 · 18 MIN
Episode 21 - Real Estate Transaction Costs (Beyond Closing Costs)
from Rock the Closing · host Rock The Closing
Episode 21: Real Estate Transaction Costs (Beyond Closing Costs)SummaryIn this episode of Rock the Closing, hosts Orsolya Bartha and Dalia Zaza take a deep dive into real estate transaction costs beyond traditional closing costs. Many buyers and sellers are prepared for closing costs, but additional expenses throughout the transaction process can catch them off guard. From inspections and permits to judgments, liens, and occupancy certificates, our hosts break down the hidden costs that arise before closing. They also share real-life examples of transaction costs that can add thousands of dollars to a deal and explain how to prepare for them to avoid last-minute surprises.In This Episode, You'll Learn:✔️ What real estate transaction costs are and how they differ from closing costs✔️ The common costs for buyers, including inspections, title searches, and attorney fees✔️ The unexpected costs for sellers, such as open permits, liens, and occupancy certificates✔️ How open permits and unapproved renovations can delay transactions and increase costs✔️ Why judgments, violations, and liens must be addressed before closing✔️ The importance of planning ahead for these costs to avoid delays and financial stress✔️ Why certain transaction costs must be paid before closing, rather than at the closing table✔️ Additional fees, such as UCC-3 recording fees, deed transfer fees, and termination fees for mortgages✔️ How to budget for these transaction costs as a buyer or sellerWhether you're buying or selling a property, knowing these hidden transaction costs can save you time, money, and frustration. Tune in to get informed and avoid last-minute surprises in your next real estate deal!Disclaimer:Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission.NEW TO THE SHOW?Follow our official social media accounts: Instagram | YoutubeGet in touch with Orsolya Bartha: Email | Phone | Website | LinkedInGet in touch with Dalia Zaza: Email | Phone | Website | LinkedInCheck out our website at www.rocktheclosing.com for more information and updates.Music CreditsMusic by SoundHills, Beautiful Minds. Find more at https://protunes.net/HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
What this episode covers
Episode 21: Real Estate Transaction Costs (Beyond Closing Costs)SummaryIn this episode of Rock the Closing, hosts Orsolya Bartha and Dalia Zaza take a deep dive into real estate transaction costs beyond traditional closing costs. Many buyers and sellers are prepared for closing costs, but additional expenses throughout the transaction process can catch them off guard. From inspections and permits to judgments, liens, and occupancy certificates, our hosts break down the hidden costs that arise before closing. They also share real-life examples of transaction costs that can add thousands of dollars to a deal and explain how to prepare for them to avoid last-minute surprises.In This Episode, You'll Learn:✔️ What real estate transaction costs are and how they differ from closing costs✔️ The common costs for buyers, including inspections, title searches, and attorney fees✔️ The unexpected costs for sellers, such as open permits, liens, and occupancy certificates✔️ How open permits and unapproved renovations can delay transactions and increase costs✔️ Why judgments, violations, and liens must be addressed before closing✔️ The importance of planning ahead for these costs to avoid delays and financial stress✔️ Why certain transaction costs must be paid before closing, rather than at the closing table✔️ Additional fees, such as UCC-3 recording fees, deed transfer fees, and termination fees for mortgages✔️ How to budget for these transaction costs as a buyer or sellerWhether you're buying or selling a property, knowing these hidden transaction costs can save you time, money, and frustration. Tune in to get informed and avoid last-minute surprises in your next real estate deal!Disclaimer:Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission.NEW TO THE SHOW?Follow our official social media accounts: Instagram | YoutubeGet in touch with Orsolya Bartha: Email | Phone | Website | LinkedInGet in touch with Dalia Zaza: Email | Phone | Website | LinkedInCheck out our website at www.rocktheclosing.com for more information and updates.Music CreditsMusic by SoundHills, Beautiful Minds. Find more at https://protunes.net/HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
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Episode 21 - Real Estate Transaction Costs (Beyond Closing Costs)
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